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50 U.S.C. § 167cStorage, withdrawal and transportation

submitted 101 years ago by Pub. L. 86-777 to r/title-50-WAR-AND-NATIONAL-DEFENSE · 307 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law makes the Secretary charge fees for storing, withdrawing, or transporting helium. Fees must at least cover the full cost of the service, including upgrades and maintenance. The Secretary must publish the fee schedule yearly and set delivery priorities, including for federal users.

(a) In general. If the Secretary provides helium storage, withdrawal, or transportation services to anyone, the Secretary must charge a fee that accurately reflects what those services are actually worth. (b) Minimum fees. Those fees can never be lower than what's needed to fully reimburse the Secretary for providing the service — including the cost of capital upgrades and maintenance on the Federal Helium System. (c) Schedule of fees. Before any sale or auction under section 167d, the Secretary must publish, once a year, a standard schedule listing the fees that will be charged under this section. (d) Treatment. Every fee collected under this section gets credited to the Helium Production Fund established under section 167d(e). (e) Storage and delivery. Following this section, the Secretary must: (1) let anyone or any qualified bidder who buys or wins crude helium at a section 167d sale or auction store that helium in the Federal Helium Reserve; and (2) set up a delivery and transportation schedule that ensures timely delivery of helium sold at section 167d(b)(2) auctions, ensures timely delivery of helium acquired from the Reserve by other means (including non-auction sales), and gives federal users priority access to the Federal Helium Pipeline for in-kind sales. (f) New Pipeline access. The Secretary must review requests for access to the Federal Helium Pipeline in a way that's consistent with the schedule, set under section 167d, for phasing out commercial sales and selling off assets.
the actual law source: uscode.house.gov ↗public domain
(a) In general

If the Secretary provides helium storage, withdrawal, or transportation services to any person, the Secretary shall impose a fee on the person that accurately reflects the economic value of those services.

(b) Minimum fees

The fees charged under subsection (a) shall be not less than the amount required to reimburse the Secretary for the full costs of providing storage, withdrawal, or transportation services, including capital investments in upgrades and maintenance at the Federal Helium System.

(c) Schedule of fees

Prior to sale or auction under subsection (a), (b), or (c) of section 167d of this title, the Secretary shall annually publish a standardized schedule of fees that the Secretary will charge under this section.

(d) Treatment

All fees received by the Secretary under this section shall be credited to the Helium Production Fund established under section 167d(e) of this title.

(e) Storage and delivery

In accordance with this section, the Secretary shall—

(1)

allow any person or qualified bidder to which crude helium is sold or auctioned under section 167d of this title to store helium in the Federal Helium Reserve; and

(2)

establish a schedule for the transportation and delivery of helium using the Federal Helium System that—

(A)

ensures timely delivery of helium auctioned pursuant to section 167d(b)(2) of this title;

(B)

ensures timely delivery of helium acquired from the Secretary from the Federal Helium Reserve by means other than an auction under section 167d(b)(2) of this title, including nonallocated sales; and

(C)

provides priority access to the Federal Helium Pipeline for in-kind sales for Federal users.

(f) New Pipeline access

The Secretary shall consider any applications for access to the Federal Helium Pipeline in a manner consistent with the schedule for phasing out commercial sales and disposition of assets pursuant to section 167d of this title.

Source credit: (Mar. 3, 1925, ch. 426, § 5, as added Pub. L. 86–777, § 2, Sept. 13, 1960, 74 Stat. 920; amended Pub. L. 104–273, § 3, Oct. 9, 1996, 110 Stat. 3317; Pub. L. 113–40, § 4, Oct. 2, 2013, 127 Stat. 535.)

history & why it existsrecord from the source credit
  • 1925Enacted · Pub. L. 86-777 · 74 Stat. 920
  • 1996Amended · Pub. L. 104-273 · 110 Stat. 3317
  • 2013Amended · Pub. L. 113-40 · 127 Stat. 535

A history note hasn’t been published yet. The record shows enactment by Pub. L. 86-777 on 1925-03-03.

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